Timberland Bancorp reported an 18% increase in net income to $6.65 million and an 18% increase in earnings per share to $0.78 for the quarter ended December 31, 2019. The company saw increased operating revenue and reduced operating expenses, leading to record net income and earnings per diluted share.
Net income increased 18% to $6.65 million compared to the same quarter last year.
Earnings per diluted common share increased 18% to $0.78 compared to the same quarter last year.
Loan originations increased 25% from last year's comparable quarter.
The Board of Directors announced a 33% increase in the quarterly cash dividend to $0.20 per common share.
This document does not contain any forward guidance.
Visualization of income flow from segment revenue to net income
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